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TSX Hits Record High as Iran Deal Lifts Markets — Daily Update, June 16, 2026

Oil tumbles on Strait of Hormuz reopening framework. All eyes on the Federal Reserve as Kevin Warsh chairs his first policy meeting. Here is everything moving Canadian wallets today. Tuesday, June 16, 2026  |  MoneySavings.ca 🇨🇦 TSX — Another Record on the Books The S&P/TSX Composite closed at a fresh all-time high on Monday, June 15, topping 35,398 intraday before finishing near the upper end of its range. The index is now up more than 11% year-to-date , the second-best performance among major global indexes tracked through mid-June — behind only Japan's Nikkei (+31%). Monday's rally was broad-based, fuelled by a surge in risk appetite following the announcement of a U.S.–Iran peace framework over the weekend. Energy, financials, and materials all participated, though energy stocks gained somewhat less than the others as crude oil prices simultaneously fell sharply on the Strait of Hormuz reopening news — a rare case where the same headline pushed the index up and one ...
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Protests Erupt in Athens on Rail Crash Anniversary

On the second anniversary of Greece's deadliest rail crash, Athens witnessed massive protests as frustration over systemic failures boiled over. The tragic accident, which occurred on February 28, 2023, claimed the lives of 57 people when a passenger train collided with a freight train near the Tempi gorge in central Greece.

Thousands of demonstrators took to the streets, demanding justice for the victims and accountability from the government. The protests, which were part of a general strike, saw participation from various sectors, including air, sea, and rail transport workers. The demonstrators chanted slogans and carried banners, expressing their anger over the lack of progress in addressing the safety gaps that led to the crash.

In Athens, the protest turned violent as hooded youths hurled petrol bombs at police and attempted to storm the barricades in front of the parliament. Riot police responded with tear gas and stun grenades, leading to clashes that left several people injured.

The government's handling of the disaster has been heavily criticized, with many accusing it of covering up evidence and failing to initiate a parliamentary inquiry into political responsibility. Prime Minister Kyriakos Mitsotakis' administration has denied any wrongdoing, stating that it is up to the judiciary to investigate the accident.


As the nation mourns the victims, the protests reflect the deep-seated mistrust of the government and the demand for accountability and justice.


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